Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 05 March 2011
Keywords: Borrowed resources use, Borrowing agreements, Borrowing by Fund, Central banks, Poverty Reduction and Growth Trust, SDR interest rates, Freely usable currencies, Exchange rate determination, Balance of payments need, bank of Italy
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the 'Agreement') with the Bank of Italy, by which Italy will provide new loan resources...